Labrador, Queensland

Exceptional opportunity to acquire Management Rights in Labrador | Resort Brokers ID : MR008059

$3,438,000

Business Description

ResortBrokers presents a remarkable opportunity to acquire management rights for Sandcastles on the Broadwater, a premier holiday destination in Labrador, Gold Coast.

Beyond a business, it offers a harmonious mix of profitability, lifestyle, and prime location. With a robust Net Operating Profit of $546,429 and an 80%+ occupancy rate, the property showcases its popularity and efficient management.

Nestled on the Gold Coast broadwater, its sought-after location near the beach, water sports, and theme parks ensures a steady stream of guests. Operating under a secure Accommodation Module with a generous 23-year tenure, it provides stability, complemented by an appealing Body Corporate Salary of $185,516.

The management rights include a spacious manager's residence, offering comfort for managers. Sandcastles on the Broadwater is an easy-to-run establishment, ideal for those seeking a profitable business without the demands of a larger resort. After seven successful years, the retiring owners present a rare chance to continue this success in a profitable, well-located, and easy-to-run Gold Coast holiday accommodation business.

- Substantial Net Operating Profit of $546,429.
- Steady holiday trading with occupancy rates consistently above 80%.
- Prime position on the Gold Coast broadwater.
- Secure investment with long-term Accommodation Module.
- Robust Body Corporate Salary of $185,516.
- Spacious manager's residence with additional office on title.
- Easy-to-manage duties including gardens and pool.
- Resort-style amenities including pool, spa, and modern BBQ area.
- Inspections by appointment only.
Date updated: 07 Apr 2024 23:00:17

Business Summary

Business Snapshot

Price: $3,438,000 Net Profit: $546,429

Managers Unit

Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 99Total Units in Letting Pool: 26Owner Occupy Units: 52Outside Agent Units: 17Lockup Units: 3Agreement Term Remaining: 22 years
Marketing Agent
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